WEX (NYSE:WEX – Get Free Report) issued an update on its FY 2026 earnings guidance on Friday. The company provided earnings per share guidance of 19.680-20.080 for the period, compared to the consensus estimate of 19.590. The company issued revenue guidance of $3.0 billion, compared to the consensus revenue estimate of $2.9 billion. WEX also updated its Q4 2026 guidance to 5.670-5.870 EPS.
WEX Stock Up 1.2%
WEX stock traded up $2.17 during mid-day trading on Friday, reaching $185.64. 55,842 shares of the company traded hands, compared to its average volume of 571,205. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 2.62. The stock has a market cap of $6.33 billion, a price-to-earnings ratio of 15.93, a P/E/G ratio of 0.97 and a beta of 0.84. WEX has a fifty-two week low of $125.29 and a fifty-two week high of $203.99. The firm’s 50 day moving average price is $186.36 and its 200 day moving average price is $164.42.
WEX (NYSE:WEX – Get Free Report) last released its earnings results on Wednesday, October 28th. The business services provider reported $6.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.68 by $0.45. The business had revenue of $780.10 million during the quarter, compared to the consensus estimate of $749.74 million. WEX had a return on equity of 44.56% and a net margin of 14.05%. The business’s revenue for the quarter was up 12.8% on a year-over-year basis. During the same period last year, the business posted $4.59 earnings per share. As a group, equities research analysts predict that WEX will post 17.32 EPS for the current fiscal year.
Analyst Ratings Changes
Several research analysts have recently commented on the company. Mizuho lifted their price objective on WEX from $170.00 to $200.00 and gave the stock an “outperform” rating in a report on Friday, July 24th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of WEX in a research note on Thursday, September 24th. Keefe, Bruyette & Woods raised their target price on WEX from $200.00 to $210.00 and gave the stock an “outperform” rating in a research report on Friday, July 24th. Piper Sandler initiated coverage on WEX in a research note on Thursday, September 10th. They set a “neutral” rating and a $209.00 price objective for the company. Finally, Morgan Stanley lifted their price objective on shares of WEX from $172.00 to $178.00 and gave the company an “equal weight” rating in a research report on Tuesday. Five analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat.com, WEX has a consensus rating of “Hold” and a consensus target price of $187.00.
View Our Latest Analysis on WEX
Insider Buying and Selling at WEX
In other WEX news, CEO Melissa D. Smith sold 28,109 shares of the business’s stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $190.09, for a total transaction of $5,343,239.81. Following the sale, the chief executive officer owned 126,625 shares of the company’s stock, valued at approximately $24,070,146.25. The trade was a 18.17% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Robert Deshaies sold 2,000 shares of the firm’s stock in a transaction on Monday, October 5th. The shares were sold at an average price of $173.56, for a total transaction of $347,120.00. Following the sale, the chief operating officer owned 17,288 shares in the company, valued at approximately $3,000,505.28. This represents a 10.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 34,527 shares of company stock valued at $6,558,910 in the last ninety days. 1.40% of the stock is owned by insiders.
Key Headlines Impacting WEX
Here are the key news stories impacting WEX this week:
- Positive Sentiment: Raised full-year guidance: WEX now expects fiscal 2026 EPS of $19.68–$20.08, above the $19.59 consensus estimate, and approximately $3.0 billion in revenue versus the $2.9 billion analyst forecast. WEX Inc. Raises Revenue Guidance for Full Year 2026
- Positive Sentiment: Strong fourth-quarter outlook: WEX projected fourth-quarter EPS of $5.67–$5.87, well above the $4.87 consensus, and revenue of $760 million–$780 million compared with expectations of $719 million.
- Positive Sentiment: Third-quarter beat: EPS of $6.13 exceeded the $5.68 consensus, while revenue rose 12.8% year over year to $780.1 million, beating estimates of approximately $749.7 million. Total payment volume increased 18.5% to $78.5 billion, led by 20.6% growth in Mobility revenue. WEX Inc. Reports Third Quarter 2026 Financial Results
- Positive Sentiment: Shareholder returns and growth initiatives: WEX repurchased roughly $200 million of stock during the quarter and another $75 million through October 26. Management also highlighted pricing progress, new business wins and the deployment of artificial intelligence across its products. WEX Earns Record Quarterly Revenue While Deploying AI Across Products
- Neutral Sentiment: Morgan Stanley increased its price target, reinforcing analyst confidence, while WEX’s partnership with Euclid AI could expand its trucking-fleet customer offering; the longer-term financial impact remains uncertain.
- Negative Sentiment: Management noted that fuel prices contributed to the quarterly beat, which may make some Mobility gains sensitive to future fuel-price trends. Reported insider activity has also been weighted toward sales, although this is not necessarily tied to operating performance.
WEX Company Profile
WEX Inc (NYSE:WEX) is a financial technology company that provides payment-processing and business-management solutions. Its products are designed to help organizations manage corporate spending, employee benefits and mobility-related expenses through specialized payment accounts, software and data tools.
WEX’s mobility business serves commercial vehicle fleets with fuel cards, fleet-payment programs, expense controls, telematics integrations and related solutions. The company also supports emerging mobility needs, including electric-vehicle charging payments.
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